SG Americas Securities LLC Increases Holdings in Reynolds Consumer Products Inc. $REYN

SG Americas Securities LLC boosted its position in Reynolds Consumer Products Inc. (NASDAQ:REYN) by 1,210.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,464,674 shares of the company’s stock after purchasing an additional 1,352,881 shares during the period. SG Americas Securities LLC’s holdings in Reynolds Consumer Products were worth $33,570,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of REYN. Wealth Enhancement Advisory Services LLC raised its position in Reynolds Consumer Products by 2.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 84,810 shares of the company’s stock worth $1,955,000 after buying an additional 1,755 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its holdings in shares of Reynolds Consumer Products by 5.6% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 13,131 shares of the company’s stock valued at $297,000 after acquiring an additional 696 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Reynolds Consumer Products by 42.5% in the 4th quarter. GAMMA Investing LLC now owns 2,329 shares of the company’s stock valued at $53,000 after acquiring an additional 695 shares during the last quarter. Allworth Financial LP increased its stake in shares of Reynolds Consumer Products by 433.2% in the third quarter. Allworth Financial LP now owns 2,991 shares of the company’s stock worth $73,000 after acquiring an additional 2,430 shares during the period. Finally, Dark Forest Capital Management LP raised its holdings in shares of Reynolds Consumer Products by 219.4% during the third quarter. Dark Forest Capital Management LP now owns 53,567 shares of the company’s stock worth $1,311,000 after purchasing an additional 36,794 shares during the last quarter. Institutional investors and hedge funds own 26.81% of the company’s stock.

Reynolds Consumer Products Stock Performance

REYN opened at $21.11 on Thursday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.93 and a quick ratio of 0.92. The firm has a fifty day moving average price of $23.04 and a 200 day moving average price of $23.58. Reynolds Consumer Products Inc. has a 1 year low of $20.69 and a 1 year high of $26.25. The stock has a market cap of $4.45 billion, a P/E ratio of 14.66 and a beta of 0.57.

Reynolds Consumer Products (NASDAQ:REYN) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.01). The firm had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Reynolds Consumer Products had a return on equity of 15.86% and a net margin of 8.09%.The business’s quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company posted $0.58 earnings per share. Reynolds Consumer Products has set its FY 2026 guidance at 1.570-1.630 EPS and its Q1 2026 guidance at 0.230-0.250 EPS. Equities research analysts anticipate that Reynolds Consumer Products Inc. will post 1.66 earnings per share for the current year.

Reynolds Consumer Products Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Friday, February 13th were given a dividend of $0.23 per share. The ex-dividend date was Friday, February 13th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.4%. Reynolds Consumer Products’s dividend payout ratio (DPR) is 63.89%.

Insider Activity at Reynolds Consumer Products

In other Reynolds Consumer Products news, Director Rolf Stangl purchased 4,705 shares of the business’s stock in a transaction that occurred on Wednesday, March 18th. The stock was purchased at an average price of $21.06 per share, for a total transaction of $99,087.30. Following the purchase, the director directly owned 39,537 shares in the company, valued at approximately $832,649.22. This trade represents a 13.51% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.15% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on REYN. Canaccord Genuity Group decreased their target price on shares of Reynolds Consumer Products from $27.00 to $24.00 and set a “hold” rating for the company in a research report on Monday, January 26th. Royal Bank Of Canada cut their price target on Reynolds Consumer Products from $28.00 to $25.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. Zacks Research lowered Reynolds Consumer Products from a “hold” rating to a “strong sell” rating in a research note on Wednesday, February 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Reynolds Consumer Products in a report on Wednesday, January 28th. Finally, UBS Group upped their target price on Reynolds Consumer Products from $25.00 to $26.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. One equities research analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $25.43.

About Reynolds Consumer Products

Reynolds Consumer Products, Inc (NASDAQ: REYN) is a leading North American manufacturer and marketer of household consumer products. The company specializes in food storage and cooking solutions, including aluminum foil, plastic wrap, food storage containers and disposable tableware. Its core portfolio features well-known brands such as Reynolds Wrap aluminum foil, Hefty storage containers and trash bags, and Fastfold paper plates.

The company operates through a network of manufacturing and distribution facilities across North America, Latin America, Europe and the Asia Pacific region.